(DNAINFO) Emily Frost | February 1, 2016 — Circa Central Park is one of more than a half dozen new developments in a 14-block radius.
While the luxury boom in the southern end of the neighborhood continues, developers have rushed to its northern edge as well, and local families are feeling the pinch of escalating prices, experts said.
Investment in the northern section, from roughly West 96th Street to West 115th Street — which some argue was set off by the arrival of the Columbus Square development in 2009 — has really accelerated in the past two to three years, said Shlomi Reuveni, the managing director of Town New Development.
In that 14 block range, there are no fewer than seven residential developments either soon to be under construction, currently under construction or already accepting applications to rent or buy units.